Definition of 'unearned income'. unearned income (ÊnÉËÊ³nd ÉªÅkÊm ) Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job. Reduction in the tax on unearned income could be a boost for small businesses.
Email Print Text Size. President Obamaâs trusted senior advisor, Valerie Jarrett, was a key player in the effort to cover up that Attorney General Eric Holder lied to Congress about the Fast and Furious scandal, according to public records obtained by Judicial Watch.
Things hit a crisis point when the GOP-led House voted him in contempt for refusing to hand over documents about a gun trafficking scandal known as Fast and Furious. That represented the first time an attorney general had ever been rebuked that way, but still Holder held on to his job.